SBK GROUP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SBK GROUP
Largest movements
- Receivables within one year +€13,879
up €13,879 (+98.3%), from €14,120 to €27,999
of which Other amounts receivable: +€19,237
- Tangible fixed assets -€10,602
down €10,602 (-84.8%), from €12,500 to €1,898
of which Leasing and similar rights: -€12,500
- Financial fixed assets -€9,000
no longer reported in 2025 (was €9,000)
- Cash -€2,607
down €2,607 (-60.3%), from €4,326 to €1,719
mainly Receivables within one year (-€13,879) and Current portion of long-term debt (-€10,977)
- Current portion of long-term debt -€10,977
no longer reported in 2025 (was €10,977)
- Trade debts +€3,857
up €3,857 (+222%), from €1,741 to €5,598
- Profit (loss) carried forward -€2,695
down €2,695 (-46.1%), from €5,851 to €3,156
- Tax, wage and social debts +€2,435
up €2,435 (+20.7%), from €11,746 to €14,181
- Other debts -€871
no longer reported in 2025 (was €871)
- Gross operating margin -€19,826
down €19,826 (-43.7%), from €45,396 to €25,570
- Financial charges -€2,689
down €2,689 (-76.8%), from €3,500 to €811
- Financial income +€951
new in 2025: €951
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,186 | €32,935 | -€8,251 | -20.0% |
| Fixed assets | 21/28 | €21,500 | €1,898 | -€19,602 | -91.2% |
| Tangible fixed assets | 22/27 | €12,500 | €1,898 | -€10,602 | -84.8% |
| Plant, machinery and equipment | 23 | - | €419 | +€419 | |
| Furniture and vehicles | 24 | - | €1,479 | +€1,479 | |
| Leasing and similar rights | 25 | €12,500 | €0 | -€12,500 | -100% |
| Financial fixed assets | 28 | €9,000 | - | -€9,000 | |
| Current assets | 29/58 | €19,686 | €31,036 | +€11,350 | +57.7% |
| Amounts receivable within one year | 40/41 | €14,120 | €27,999 | +€13,879 | +98.3% |
| Trade receivables | 40 | €14,120 | €8,762 | -€5,358 | -37.9% |
| Other amounts receivable | 41 | - | €19,237 | +€19,237 | |
| Cash at bank and in hand | 54/58 | €4,326 | €1,719 | -€2,607 | -60.3% |
| Deferred charges and accrued income | 490/1 | €1,240 | €1,319 | +€79 | +6.3% |
| Total equity and liabilities | 10/49 | €41,186 | €32,935 | -€8,251 | -20.0% |
| Equity | 10/15 | €15,851 | €13,156 | -€2,695 | -17.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,851 | €3,156 | -€2,695 | -46.1% |
| Amounts payable | 17/49 | €25,335 | €19,779 | -€5,556 | -21.9% |
| Amounts payable within one year | 42/48 | €25,335 | €19,779 | -€5,556 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €10,977 | - | -€10,977 | |
| Trade debts | 44 | €1,741 | €5,598 | +€3,857 | +222% |
| Suppliers | 440/4 | €1,741 | €5,598 | +€3,857 | +222% |
| Taxes, remuneration and social security | 45 | €11,746 | €14,181 | +€2,435 | +20.7% |
| Taxes | 450/3 | €11,746 | €14,181 | +€2,435 | +20.7% |
| Other amounts payable | 47/48 | €871 | - | -€871 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,500 | €12,641 | +€141 | +1.1% |
| Other operating charges | 640/8 | €9,655 | €10,066 | +€411 | +4.3% |
| Gross operating margin | 9900 | €45,396 | €25,570 | -€19,826 | -43.7% |
| Operating profit (loss) | 9901 | €23,241 | €2,863 | -€20,378 | -87.7% |
| Financial income | 75/76B | - | €951 | +€951 | |
| Recurring financial income | 75 | - | €951 | +€951 | |
| Financial charges | 65/66B | €3,500 | €811 | -€2,689 | -76.8% |
| Recurring financial charges | 65 | €3,500 | €811 | -€2,689 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | €19,741 | €3,003 | -€16,739 | -84.8% |
| Income taxes | 67/77 | €6,020 | €5,698 | -€322 | -5.3% |
| Profit (loss) for the period | 9904 | €13,722 | -€2,695 | -€16,417 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,722 | -€2,695 | -€16,417 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.